Google Capital returned to back a round that valued the local services listing platform at $1.3bn and took its overall funding to about $275m.

US-based local services listing platform Thumbtack has raised $125m in a series E round featuring Google Capital, the growth equity arm of internet company Google, the New York Times reported today.

The round, which valued Thumbtack at $1.3bn, was led by investment management firm Baillie Gifford and included investment fund Tiger Global Management and venture capital firm Sequoia Capital.

Founded in 2008, Thumbtack operates a platform that enables local merchants and services to advertise their skills online. Merchants pay Thumbtack…